STRATEGY FOR 1st APRIL
EQUITY UPDATES
INSTITUTIONAL ACTIVITY- Fii- Net buyers - 356 crores.
Dii- Net buyers - 283 crores.
GLOBAL MARKETS- US markets trading negative at the time of writing.
CALLS OPEN
SHORT TERM- BRITANNIA - Buy - 2203(05/03/2015), target - 2486, stop(revised) - 2030.
TREND- in few major stocks
HDFC- Sideways.
YESBANK- Sideways.
BHARATFORGE- Sideways.
AXISBANK- Sideways.
MARUTI- Sideways.
COMMODITY UPDATES
MCX
GOLDM(may)- Sideways.
SILVERMIC(apr)- Sideways.
COPPERM(apr)- Positive, stop for long positions 378.
NICKELM(apr)- Negative, stop for short positions 845.
ZINCMINI(apr)- Sideways.
CRUDEOIL(apr)- Sideways.
LEADMINI(apr)- Sideways.
ALUMINI(apr)- Sideways.
CARDAMOM(apr)- Negative, stop for short positions 960.
NCDEX
CHANA(apr)- Sideways.
SOYBEAN(apr)- Sideways.
RMSEED(apr)- Sideways.
CURRENCY UPDATE
USDINR(apr)- Sideways.
GBPINR(apr)- Sideways.
EURINR(apr)- Sideways.
JPYINR(apr)- Sideways.
MCX
GOLDM(may)- Sideways.
SILVERMIC(apr)- Sideways.
COPPERM(apr)- Positive, stop for long positions 378.
NICKELM(apr)- Negative, stop for short positions 845.
ZINCMINI(apr)- Sideways.
CRUDEOIL(apr)- Sideways.
LEADMINI(apr)- Sideways.
ALUMINI(apr)- Sideways.
CARDAMOM(apr)- Negative, stop for short positions 960.
NCDEX
CHANA(apr)- Sideways.
SOYBEAN(apr)- Sideways.
RMSEED(apr)- Sideways.
CURRENCY UPDATE
USDINR(apr)- Sideways.
GBPINR(apr)- Sideways.
EURINR(apr)- Sideways.
JPYINR(apr)- Sideways.